Market Analysis

Economic Diary:
Week Commencing 13/05/24


Tuesday 14 May

Indicator Previous Expected Actual
Average Weekly Earnings 3 Month Year on Year Average Weekly Earnings 3 Month Year on Year Chart 5.6% 5.5%
Unemployment Rate (ILO) Unemployment Rate (ILO) Chart 4.2% 4.3%
CPI Final Year on Year CPI Final Year on Year Chart 2.2% 2.2%
Claimant Count Unemployment Change Claimant Count Unemployment Change Chart 10.9k
ZEW Economic sentiment ZEW Economic sentiment Chart 42.9 46.0
ZEW Current Conditions ZEW Current Conditions Chart -79.2 -75.8
PPI excl Food and Energy MM PPI excl Food and Energy MM Chart 0.2% 0.2%
PPI Final Demand Month on Month PPI Final Demand Month on Month Chart 0.2% 0.3%
PPI Core Year on Year PPI Core Year on Year Chart 2.1% 2.2%

Wednesday 15 May

Indicator Previous Expected Actual
CPI Final Month on Month CPI Final Month on Month Chart 0.6% 0.6%
CPI Final Year on Year CPI Final Year on Year Chart 2.4% 2.4%
Industrial Production Month on Month   0.8% 0.5%
Industrial Production Year on Year Industrial Production Year on Year Chart -6.4% -1.2%
GDP Flash Estimate Quarter on Quarter GDP Flash Estimate Quarter on Quarter Chart 0.3% 0.3%
GDP Flash estimate Year on Year   0.4% 0.4%
House Starts Annualized House Starts Annualized Chart 242.2k 238.0k
CPI Year on Year (nsa) CPI Year on Year (nsa) Chart 3.5% 3.4%
Retail Sales Month on Month   0.7% 0.4%
CPI Month on Month (sa) CPI Month on Month (sa) Chart 0.4% 0.4%
Retail Sales Ex-Auto Month on Month   1.1% 0.2%
Business Inventories Month on Month Business Inventories Month on Month Chart 0.4% -0.1%
EIA Weekly Crude Oil Stocks   -1.362Mln -1.240Mln

Thursday 16 May

Indicator Previous Expected Actual
GDP Quarter on Quarter   0.1% -0.4%
Unemployment Rate Unemployment Rate Chart 3.8% 3.9%
Industrial Production Revised Industrial Production Revised Chart 3.8%
CPI Final Year on Year   1.0% 1.0%
CPI Final Month on Month   0.6% 0.6%
Trade Balance Trade Balance Chart -0.851Bln EU
Philadelphia Fed Business Index Philadelphia Fed Business Index Chart 15.5 8.0
Housing Starts Housing Starts Chart 1.321Mln 1.420Mln
Weekly Jobless Claims Weekly Jobless Claims Chart 231k 220k
Industrial Production Month on Month Industrial Production Month on Month Chart 0.4% 0.1%

Friday 17 May

Indicator Previous Expected Actual
Retail Sales Retail Sales Chart 3.1% 3.7%
ILO Unemployment Rate ILO Unemployment Rate Chart 7.5% 7.4%
CPI Final Month on Month CPI Final Month on Month Chart 0.8% 0.6%
CPI Final Year on Year CPI Final Year on Year Chart 2.4% 2.4%

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